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Articles of Carandbike Team
Honda City e:HEV Launch Date Revealed
Honda Cars India is all set to launch the City e:HEV hybrid on May 4, 2022, which is when we get to know the prices on the highly-anticipated hybrid sedan.
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India Asks State Firms To Consider Buying Russian Oil Assets - Report
India has asked state-run energy companies to evaluate the possibility of buying European oil major BP's stake in sanctions-hit Russian firm Rosneft
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India's Tata Aims To Build 80,000 Electric Vehicles This Financial Year - Report
Tata Motors expects to aggressively ramp up annual production of electric vehicles to 80,000 units compared to 19,000 units it built and sold in the last financial year.
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Indian Refiners Seeking 6-mth Russian Oil Import Deal - Report
Indian refiners are negotiating a six-month oil deal with Russia to import millions of barrels per month.
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Benelli TRK 702 Revealed; Looks Ready For Production
The upcoming Benelli TRK 702 will sit between the TRK 502 sold in India, as well as the TRK 800 unveiled at the EICMA show last year.
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Volkswagen Expects Chip Shortage To Ease Later In 2022
VW CEO Herbert Diess expects the company to ramp up production in the second half of the year despite the shortage of semiconductors.
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Uber Forecasts Adjusted Earnings Of $5 Billion By Fiscal 2024
Nelson Chai, CFO, Uber Inc. forecasts gross bookings of between $165 billion and $175 billion by the fiscal year 2024
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EV Battery Giant LG Energy Solution Sees Demand Rising As Chip Shortage Eases
LG Energy Solution aims to boost sales by about 8% in 2022. The company expects that the global chip shortage will ease this year, leading to a pick-up in demand for electric vehicle (EV) batteries.
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Toshiba To Invest $1 Billion To Double Power Chip Production
The Japanese industrial conglomerate will build a cutting-edge 300-millimeter fabrication plant in central Japan for power management chips, which efficiently control electric power in cars, electronic devices, and industrial equipment.
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Japan Urges More Chip Tie-Ups With Taiwan At Trade Talks
Japan called for greater collaboration with Taiwan on semiconductors at a bilateral economic and trade meeting.
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Pricey Models Help GM Outrace First-Quarter Supply Chain Snarls
GM's net income dipped slightly to $2.9 billion in the quarter, compared with analysts' estimates of $2.45 billion, as higher prices were not enough to offset an increase in costs.
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Stellantis Boss Expects Chip Supply To Remain Tight This Year
Stellantis CEO Carlos Tavares said that the number of troubled suppliers was now smaller and he expected further improvements next year.
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Benelli Parent Company QJMotor Reveals 550 cc Sportbike
The Chinese brand's 550 cc sportbike will have an engine derived and bored out from the Benelli TRK 502's engine.
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Small Car Market Shrinking In India Cause Of Concern For Maruti Suzuki
The entry-level segments have declined by 25 percent in the last 4 years.
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Maruti Suzuki Net Profits Decline 11 Percent In FY 2021-22
Carmaker reported a decline in net profits despite a 26 percent increase in net sales year-on-year.
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Toyota To Hike Prices For Glanza, Urban Cruiser From May 1
Hike in prices to be in the region of 2% across all variants of both models
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Faurecia-Aptoide Signs Up Mercedes In Infotainment Win Over Google
The companies said on Thursday that under a multi-year partnership, from 2023 the joint venture will integrate the German premium carmaker's MBUX multimedia system with its open platform offering nearly 250 apps.
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Hero Electric Hit By Semiconductor Chip Shortage, Dispatches 0 Units In April
Hero Electric as the company announced that it posted zero dispatches in April 2022 due to the semiconductor chip shortage, while the waiting period for its electric offerings has gone up to 60 days and certain dealerships do not have stock to display at the moment.
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Toyota's Thai Unit Agrees To Boost EV Incentives
Toyota Motor Thailand to receive tax breaks and subsidies to help make EVs cheaper
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Oil Eases As China Lockdowns Weigh On Demand Outlook
Brent crude futures rose 15 cents to $107.74 a barrel by 0410 GMT while U.S. West Texas Intermediate crude dipped 3 cents to $105.33 a barrel
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